16
Jun
09:37
Gerdau expands Miguel Burnier ore mine in Brazil
Brazilian steelmaker Gerdau continues with its plan to grow its iron ore production in Minas Gerais, Kallanish notes.
On Thursday, the company announced an investment of BRL 3.2 billion ($665.1 million) in the brownfield expansion of its Miguel Burnier iron ore open-pit mine. “The project will use the most modern technologies and equipment in its processes,” say Gerdau chief executive Gustavo Werneck. “Following the best mining practices, we…
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Anonymous
Very good overview of the weekly steel market.
Anonymous